Dimensional US Marketwide Value ETF (NYSEARCA:DFUV) Hits New 1-Year High – Still a Buy?

Dimensional US Marketwide Value ETF (NYSEARCA:DFUV)’s share price hit a new 52-week high on Friday . The company traded as high as $54.85 and last traded at $54.80, with a volume of 79082 shares changing hands. The stock had previously closed at $54.40.

Dimensional US Marketwide Value ETF Stock Up 0.9%

The stock has a fifty day moving average of $52.04 and a two-hundred day moving average of $49.55. The stock has a market cap of $15.27 billion, a price-to-earnings ratio of 15.88 and a beta of 0.90.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of DFUV. Royal Bank of Canada lifted its stake in shares of Dimensional US Marketwide Value ETF by 1.9% during the first quarter. Royal Bank of Canada now owns 102,072 shares of the company’s stock worth $4,206,000 after purchasing an additional 1,863 shares in the last quarter. AQR Capital Management LLC increased its holdings in Dimensional US Marketwide Value ETF by 50.9% in the first quarter. AQR Capital Management LLC now owns 102,100 shares of the company’s stock valued at $4,208,000 after buying an additional 34,441 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in Dimensional US Marketwide Value ETF in the first quarter valued at about $202,000. Russell Investments Group Ltd. increased its holdings in Dimensional US Marketwide Value ETF by 117.3% in the second quarter. Russell Investments Group Ltd. now owns 3,520 shares of the company’s stock valued at $149,000 after buying an additional 1,900 shares during the last quarter. Finally, Baird Financial Group Inc. increased its holdings in Dimensional US Marketwide Value ETF by 3.2% in the second quarter. Baird Financial Group Inc. now owns 29,492 shares of the company’s stock valued at $1,247,000 after buying an additional 925 shares during the last quarter.

Dimensional US Marketwide Value ETF Company Profile

The Dimensional US Marketwide Value ETF (DFUV) is an exchange-traded fund that is based on the Russell 3000 Value index. The fund is an actively managed portfolio of US stocks, selected for having value characteristics. The fund seeks to provide long-term capital appreciation. DFUV was launched on Dec 16, 1998 and is managed by Dimensional.